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Author Topic: BitCoin usage rejected because they "could" be used for illegal activity.  (Read 1039 times)
julz
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October 06, 2011, 01:44:32 AM
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http://mrmoneyhustler.blogspot.com/   (+ video linked in the article)

I'm not sure which website he's actually talking about - but this is one reason why the way journalists report on Bitcoin can have a big effect on the spread and uptake of this currency.  The 'Any publicity is good publicity' maxim might work as far as getting a fair number of end users - but if businesses are scared of it for PR reasons, it's not much good.




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There are several different types of Bitcoin clients. EWallets such as Coinbase are like banks -- a central organization has complete control over your money. You shouldn't put much money in EWallets.
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October 06, 2011, 05:13:38 AM
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I think he mentioned webstore.com as the site. He said he's been selling stuff there recently.
I've never been to the site before today but the line taken by the owners seem pretty weaselly.

What currency can't be used for illegal activity? I'm pretty sure the US$ is the biggest illegal activity currency worldwide... better stop taking that too.

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October 06, 2011, 06:30:28 AM
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Except dollars are a real currency and have a use.  Beyond hoarding and hoping it will make you rich some day that is. 

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